layoffs
Xponential Fitness Implements Layoffs After Shrinking Portfolio
Xponential Fitness has confirmed a round of layoffs as it refocuses on its core boutique brands under CEO Mike Nuzzo.
Amazon Layoffs Hit Fitness Group
Amazon has laid off nearly 200 works in its fitness and fashion groups, though it's telehealth services division appears full-steam ahead.
23andMe Lays Off 40% of Staff, Dissolves Therapeutics Division
23andMe, once a biotech unicorn, is struggling to stay afloat, marred by several challenges, including the swift resignation of its board.
Stages Cycling Conducts Mass Layoffs Amid Market Downturn, Per Report
Stages Cycling has reportedly laid off its staff and may soon cease operations as it contends with decreased demand and supply chain issues.
CrossFit Confirms Layoffs to 20% of Workforce
The layoffs affected around 20% of CrossFit workers and were the result of a strategic decision, the company said.
Precor to Close NC Plant, Laying Off 123 Employees
The closure of the Precor plant on Millstream Road, Whitsett, Guilford County, NC is part of a corporate restructuring by Peloton.
Whoop Lowers Wearable Subscription Price; CEO Says Move Comes As Other Fitness Companies are ‘Going the Other Direction’ & Reveals Upcoming Features
Those who joined Whoop before the lower subscription prices announcement would be granted a 1-3 month extension based on the membership type.
Zwift Lays Off 15% of Workforce
Zwift conducted layoffs in 2022 as well. Sources suggested at the time that rougly 150 employees were let go.
Strava Sets Things Straight
Strava set things straight on LinkedIn, detailing in a post on the professional networking site what it is up to.
Mindstrong, a California-based Mental Health Start-up, Conducts Layoffs & Closes Office
According to a California WARN notice, Mental health start-up Mindstrong is conducting layoffs impacting 128 employees.